I. Alex Smith is a solid fit for Andy Reid’s offense in Kansas City and he truly was the best option available this offseason. Geno Smith doesn’t scream “franchise quarterback” and it would have been a tough sell to the fan base to re-install Matt Cassel as the starter while patiently waiting for a better option to come along. Smith was that better option.

That said, a second-round pick and a condition third-round selection that could turn into another second-rounder was a steep price to pay for Smith. Yes, he was having an excellent season before suffering a concussion in mid-November and yes, he should be able to effectively run Reid’s West Coast Offense. But the reason Jim Harbaugh stuck with Colin Kaepernick last season when Smith was healthy is because he knew the Niners were more explosive offensively with Kaepernick under center. Granted, Kaepernick adds another dimension by running the Pistol offense but Smith will prevent Reid from threatening opponents downfield on a consistent basis. Can the Chiefs win with Smith in the time being? Sure, but this move only delays the inevitable, which is that at some point Kansas City will need to draft and develop a young franchise quarterback for the long term.

II. Now that we know the annual average ($20.1 million) of Joe Flacco’s new deal, as well as the guaranteed portion ($52 million) and how much he’ll receive over the first three seasons of the contract ($62 million), there’s absolutely no reason why the Falcons shouldn’t re-sign Matt Ryan well before the end of the 2013 season. Flacco has eight more postseason victories under his belt, but it’s not as if Ryan is on the decline – on the contrary, he’s only going to get better. He posted career numbers last season with Michael Turner barely churning out 3.5 yards per carry. Imagine what Ryan could do against a defense that also had to worry about stopping Steven Jackson (or any other running back that didn’t have cement blocks for feet). The new floor for contracts involving franchise quarterbacks as been set following Flacco’s agreement with the Ravens. The Falcons would be wise to be proactive because with Ryan set to become a free agent in 2014, there’s no sense to wait.

III. Jake Long isn’t going to get the $11 million that he/his agent is asking for on the free agent market. He’s coming off back-to-back disappointing seasons and has also dealt with various injuries over that span. Granted, he’ll be 28 by the start of the season so if he can stay healthy he still has plenty of good years left in the tank. But in a what-have-you-done-for-me-lately league, this was a bad year for him to hit the open market. A team would either have to be crazy or desperate to fork over $11 million per year after what Long has shown the past two seasons.

IV. This situation involving Darrelle Revis and the Jets is ugly. It’s believed that he’s seeking $16 million annually and $60 million guaranteed on his next contract, which would make him the highest paid defensive player in the league. If he holds out this summer, then the final three years of his contract won’t void and he’ll be “stuck” in New York until he becomes a free agent in 2017. Meanwhile, the Jets only have him signed through 2013 and former GM Mike Tannenbaum left the team in cap hell before he was let go at the end of the season. Thus, the Jets could trade Revis, but his value couldn’t be lower coming off knee surgery. Plus, from a scheme standpoint, Revis means more to Rex Ryan’s defense than any other player on the Jets’ roster. If you’re trying to win, it behooves you not to get rid of its best defensive player. Then again, it’s not as if the Jets are going to compete any time soon. Not with Mark Sanchez under center and an overall lack of playmakers on the offensive side of the ball. If new GM John Idzik wanted to start fresh, trading Revis, saving the cap space and acquiring a couple of picks might not be a bad idea. (Even if the Jets aren’t getting max value on their return.)

V. The Falcons’ decision to release John Abraham, Michael Turner and Dunta Robinson turned heads last week but it’s simple cost versus production. Turner no longer has the ability to create on his own and managed just 3.6 yards per carry last season. Robinson is coming off his best year in Atlanta but he’s maddeningly inconsistent in coverage and the Falcons probably could get better, cheaper production out of Brent Grimes assuming he’s healthy and they re-sign him. After racking up 10 sacks, Abraham was clearly the most productive of the three but he’s no longer an every-down player and GM Thomas Dimitroff recognizes the need to find younger pass rushers. By releasing these three players, Dimitroff created roughly $18 million in cap space. That money can be used not only to sign Matt Ryan to an extension, but also get younger and/or better at running back and up front defensively.

From a slew of head-coaching changes to an unpredictable draft (even more so than usual), there’s no shortage of storylines to keep an eye on this NFL offseason. Here are 10 to follow over the next few months.

1. RGIII’s health.
Robert Griffin III vows to be ready by Week 1 of the regular season but in addition to damaging both his LCL and ACL, the dynamic quarterback also suffered a medial meniscus tear in the Redskins’ playoff loss to the Seahawks. While Adrian Peterson proved that ACL tears aren’t always a two-year injury, “All Day” was also a medical marvel. We’re talking about a guy who suffered a sports hernia injury in Week 10 and questioned whether or not he would be able to continue by Week 16, only to rush for 596 yards over the Vikings’ final four games (including playoffs). Not everyone is Adrian Peterson.

According to reports, RGIII was seen walking without a limp at “Media Week” down in New Orleans. But no matter how quickly he’s progressing with his rehab, the Redskins need to first be concerned with his the long-term health. If they rush him back and he suffers even further damage to his knee(s), his career could be in jeopardy. Mike Shanahan and Co. have a couple of months to evaluate the situation but at some point they’re going to be faced with the decision of whether or not to place RGIII on the regular season PUP list. While that would cost them their starting quarterback for the first six weeks of the season, riding Kirk Cousins over that stretch is a lot better than installing him as the franchise signal caller because RGIII’s knees are shot. For the Redskins, there’s more at stake here than just six weeks.

2. Newsome’s unenviable task of re-constructing the Ravens.
Whether anyone thinks Joe Flacco should be paid like Peyton Manning or Drew Brees is rather moot. The going rate these days for franchise quarterbacks is $20 million per season, and Flacco proved in the postseason that he’s Baltimore’s franchise player. He may never put up the same jaw-dropping numbers that Brees has, but Flacco is worth his weight in gold to a team like the Ravens, who consistently draft well and will continue to compete under John Harbaugh and Ozzie Newsome. When you find a quarterback in this league (particularly a quarterback coming off one of the finest postseason performances in NFL history), you hang onto him. And in order to hang onto Flacco, the Ravens will pay the $20-plus million-a-year asking price.

No, the real storyline in Baltimore is whether or not Newsome can build another Super Bowl contender after he gets done paying Flacco. Ed Reed, Paul Kruger, Dannell Ellerbe and Bryant McKinnie all helped Baltimore win the Super Bowl this year and all four of them are unrestricted free agents this offseason. Receiver Anquan Boldin is also set to make $6 million, so he could be forced to either restructure his deal or become a cap casualty. (He said he’ll retire if Baltimore releases him.) Newsome build two entirely different Super Bowl winners over the past 12 years. But this offseason might offer him his biggest challenge to date. As one of the finest general managers in the NFL, Newsome is certainly up for the challenge but the pressure will also be on Harbaugh and his staff to win with younger players as Baltimore re-stocks through the draft.

3. No consensus No. 1 pick.
Ask 10 NFL analysts who they have rated No. 1 in this year’s draft and you might be supplied with 10 different answers. Some believe Texas A&M’s Luke Joeckel is the safest pick in the draft but if the Chiefs re-sign Branden Albert than they have no use for Joeckel at No. 1. Besides, some think Central Michigan’s Eric Fisher is the best offensive tackle in the draft, not Joeckel.

Georgia’s Jarvis Jones, Texas A&M’s Damontre Moore and even Florida State’s Bjorn Werner’s names are atop some analyst’s rankings. Why so much uncertainty? Point to the fact that there’s no consensus top quarterback in his year’s draft class. Twelve of the last 15 first-overall selections have been quarterbacks, with only Jake Long (2008), Mario Williams (2006) and Courtney Brown (2000) being the exceptions. With no potential franchise signal caller to be had, the ultimate crapshoot is even more unpredictable than ever this year.

4. Veteran quarterbacks in limbo.
Flacco is the best free agent quarterback this offseason but the Ravens won’t allow him to escape Baltimore without at least slapping him with the franchise tag. That means backups will litter the open market, unless you still consider guys like Jason Campbell, Tarvaris Jackson and Matt Moore capable starters. (And why would you?)

The more intriguing names are Alex Smith, Michael Vick and Matt Flynn, who are all currently under contract but could become available either via trade or release at some point this offseason. While the 49ers will certainly honor Smith’s desire to start elsewhere, at the end of the day they don’t owe him anything (non-monetarily, that is). If they don’t acquire what they feel to be decent compensation for the 28-year-old veteran, they could use him as insurance behind Colin Kaepernick for another season. That may not be fair for Smith, but the Niners will ultimately do what’s best for the franchise.

Joe Flacco expressed some disappointed on Saturday that the Ravens aren’t planning to begin long-term contract talks with him until after the 2011 season. He told the Baltimore Sun that he would like talks to start this year.

“I think I’ve established myself,” Flacco said at Haruki Nakamura’s Japan relief charity event at Ripken Stadium Saturday. “If you’re not confident with who I am, I’m not sure what a year is going to make.”

Flacco added, “Ideally for me, I would like to start talks this year. Next year, I feel like they would have to throw something in front of me that’s going to be pretty legit in order for me to not play out my fifth year. If you don’t sign me this year, you’re making me play a whole year of my contract with no security. If you want to sign me after next year, what’s playing six more months.”

“Ideally for me, I would like to do something as soon as possible because I feel like I deserve it,” Flacco said. “If you don’t feel like I’m going to be your quarterback for the next 10 years, what’s one year going to make. I don’t know what the deal is. We’ll have to let this play out and see.”

“Personally and for what I’ve done, you would think they would feel comfortable with me,” he said. “Not that signing something next year wouldn’t say we feel comfortable with you. But the problem with that is you’ve just made me play another year.”

“I would feel that after three years, you can make a decision on whether you want me to be your future quarterback or whether you don’t. It’s your decision,” Flacco said. “I wish and hope they would do what they want me to do, which is stay here. Obviously, I want to stay here no matter what. I would want them to do something as early as possible.”

Flacco does raise some good points although in the Ravens’ defense, there are many teams that wait until a player is heading into the final year of his contract before approaching extension talks. It’s in teams’ best interest to wait as long as possible before heading to the negotiating table, just in case an injury occurs.

Of course, that doesn’t give Flacco peace of mind. He deserves a new deal and although he needs to show some patience because of the CBA mess, it would behoove the Ravens to make their young quarterback happy. As Flacco noted, if he’s the guy that Baltimore wants under center for the next 7-10 years, then lock him up and show him you’re committed to him financially.